Minyanville - MV PremiumThe MV Premium of Stock Market Newshttp://www.minyanville.com
2016 Minyanville Publishing and Multimedia, LLC. All Rights ReservedHow Many Americans Does it Take to Build a Jeep?According to White House data released earlier this month the US auto industry almost looks like an actual business again.&quot;While American manufacturing continues to face substantial challenges its future prospects are stronger than they have been in over a decade &quot; reads a report titled &quot;The Resurgence of the American Automotive Industry.&quot; &ldquo;Many people thought [the GM] bail-out (and a smaller one involving Chrysler an even sicker firm) unwise &quot; offered The Economist in August of last year. &quot;Governments have historically been lousy stewards of industry. Lovers of free markets (including The Economist) feared that Mr. Obama might use GM ...http://www.minyanville.com/mvpremium/2011/06/09/how-many-americans-does-it/
Thu, 9 Jun 2011 16:43:00 ESTTwo Charts Illustrate What QE2 Really MeansThe beauty of bureaucratic acronyms at least from the perspective of bureaucrats is that after a time they begin to lose reference to anything tangible. TARP very quickly destroyed reference to either qualitative or quantitative bailouts instead becoming a self-referential signifier of itself. Quick ask yourself what words comprise the acronym TARP... takes a moment right? For normal people at least. Finance geeks are exempted. After all they are not the targets of clever government agency acronyms the teeming masses are. Of course this function of economic acronyms which are not really economics-related at all but nevertheless populate the lexicon ...http://www.minyanville.com/mvpremium/two-charts-illustrate-what-qe2/
Thu, 10 Mar 2011 10:08:00 ESTHere is the Latest Report on the State of Our Nation's BailoutsThe special inspector-general for the Troubled Asset Relief Program Neil Barofsky otherwise known by the very cool acronym SIGTARP released his latest quarterly report this week. This is the second anniversary of SIGTARP. (See the full report here.) The one chart you should note from the 326-page report (see! we culled through all of that for you!) is the one below showing the cumulative outstanding obligations/expenditures sorted by program. Yes progress has been made... but Too Big to Fail won't be leaving the building anytime soon. http://www.minyanville.com/mvpremium/here-is-the-latest-report/
Thu, 27 Jan 2011 16:05:00 ESTThe Lying Canadian Liar Banks Lie and They're Lying Liars Who Tell Lies!The Financial Post reports:&quot;Canadian banks have been applauded for surviving the financial crisis without a bailout but a list released by the Federal Reserve on Wednesday reveals the country&rsquo;s five biggest banks tapped US government funds when private lending channels seized.&quot;LIES! DAMN LIES! CANADA YOU'VE BEEN PUT ON NOTICE!&quot;Matthew Fortier a spokesman for Toronto-Dominion Bank said TD posted its own assets as guarantees to repay the loans which have been repaid in full.&quot;Posted their own assets? Repaid the loans in full? You mean as in the opposite of what American banks did?Oh. Well... I take back everything I said. Go ...http://www.minyanville.com/mvpremium/the-lying-canadian-liar-banks/
Thu, 2 Dec 2010 15:06:00 ESTU.S. Government TARP Returns Outperform 30-Year Treasury BondsHere's something you might not easily uncover in the financial blogosteria universe: The U.S. government's returns on the bailout of banks through the Troubled Asset Relief Program beat out Treasuries cash and CDs. Of the $309 billion invested in financial through TARP the return over two years has been $25 2 billion according to Bloomberg a return of 8.2 percent outpacing returns over the same period of the 30-year Treasury money market accounts and certificates of deposit.So far almost two-thirds of TARP has been repaid. Of course that doesn't get the taxpayer off the hook for the dozens literally of ...http://www.minyanville.com/mvpremium/us-government-tarp-returns-outperform/
Wed, 20 Oct 2010 09:49:00 EST